Tutor Perini Q1 net loss $0.42/sh; revenue down to $1.0B; record operating cash flow $120.7M

TUTOR PERINI CORP

2022-Q1 EPS reported -$0.42 revenue$952,154,000

Net loss attributable to company of $21.6M ($0.42 loss per diluted share) vs net income $16.0M ($0.31 EPS) YoY.
Revenue fell to $1.0B from $1.2B; loss from construction ops of $9.9M vs income of $49.7M.
Pre-tax charge of $25.5M from adverse legal ruling on a completed NY bridge project.
Record Q1 operating cash flow of $120.7M; backlog grew to $8.3B from $8.2B at Q4 2021.
Maintained FY 2022 EPS guidance of $1.15-$1.60; expects continued strong cash generation.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.